News

Growth occurred mainly in the community, social & personal services and financial & insurance sectors.

Asking prices of private non-landed residential properties inched up 1.4% QoQ.

Venture's total returns was recorded at -25.3% in December YTD.

Economists think that manufacturing growth in 2018 will slow down to 7.4% from an earlier prediction of 7.6%.

And some Singaporean banking employees demand ridiculous pay rises.

Price growth could hit -3% to 2% in 2019 amidst predicted slower economic growth.

The Straits Times Index (STI) ended 40.71 or 1.33% higher at 3,099.99. The top active stocks were DBS, which advanced 0.21%, Singtel, which grew 0.03%, UOB, which gained 0.37%, OCBC, which inched up 0.15%, and Genting Sing, with a 0.035% advance. The FTSE Mid Cap rose 5.66% whilst the FTSE Small Cap gained 1.66%.

Rising flat supply will ensure that leasing costs remain cheap.

Rental volume in the city-state fell 11.2% to 3,791 units.

Petrol service stations sales grew the largest at 11.4%.

They are also eyeing to offer corporate subscription for Singapore firms.

It is eyeing for a hearing in a Bermudan court on 14 December.

And business management AI platform Osome clinches US$2m seed funding.

The tone might be cautious today with investors assessing the US-China trade talks.

Average ROE reached 16.4%.

IPO proceeds plunged 83.9%.